Asian giant issues new oil import quotas for private refineries; Sinopec produces first biojet fuel Hellenic Shipping News Worldwide


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Asian giant issues new oil import quotas for private refineries; Sinopec produces first biojet fuel China has issued 52.66 million tons of crude oil import quotas to non-state refiners in a second batch of allotments for 2022, up 49 percent from the same slot last year, four people with knowledge of the matter said. The new allowances bring China’s total non-state import quotas to 161.69 million tons so far this year, compared to 157.83 million tons during the same period of 2021. Thirty-six refiners have been granted the quotas, with mega-refinery Zhengjiang Petroleum and Chemical Corp. and Hengli Petrochemical receiving...